Universal Cables Ltd

About [ edit ]

Universal Cables is engaged in engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors and Turnkey Projects.

  • Market Cap 548 Cr.
  • Current Price 158
  • High / Low 176 / 83.0
  • Stock P/E 16.5
  • Book Value 298
  • Dividend Yield 1.27 %
  • ROCE 14.2 %
  • ROE 9.02 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.53 times its book value

Cons

  • Company has a low return on equity of 11.52% for last 3 years.
  • Earnings include an other income of Rs.81.15 Cr.
  • Company has high debtors of 186.82 days.

Peer comparison

Sector: Cables Industry: Cables - Power

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
316 324 367 410 426 375 396 372 205 284 370
273 284 327 358 379 338 354 332 192 268 340
Operating Profit 43 39 40 53 47 37 42 40 13 16 30
OPM % 14% 12% 11% 13% 11% 10% 11% 11% 6% 5% 8%
Other Income 21 10 26 22 18 16 18 29 10 23 19
Interest 15 15 15 16 17 18 21 21 16 15 15
Depreciation 5 5 5 6 5 6 5 6 6 6 7
Profit before tax 43 29 45 53 43 30 33 42 1 17 27
Tax % 19% 24% 16% 22% 22% 3% 13% 101% 64% 20% 27%
Net Profit 35 22 37 41 33 29 28 -0 0 13 20
EPS in Rs 9.98 6.42 10.80 11.96 9.62 8.26 8.21 -0.14 0.08 3.89 5.76

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
817 1,180 1,415 1,568 1,231
742 1,073 1,240 1,402 1,132
Operating Profit 75 107 175 166 99
OPM % 9% 9% 12% 11% 8%
Other Income 52 52 79 81 81
Interest 44 53 62 77 68
Depreciation 19 21 21 23 26
Profit before tax 65 84 170 147 86
Tax % -9% 2% 20% 39%
Net Profit 70 83 136 90 33
EPS in Rs 20.32 23.84 39.16 25.96 9.59
Dividend Payout % 0% 6% 5% 8%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:24%
TTM:-23%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:9%
TTM:-75%
Stock Price CAGR
10 Years:9%
5 Years:15%
3 Years:1%
1 Year:70%
Return on Equity
10 Years:%
5 Years:%
3 Years:12%
Last Year:9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
35 35 35 35 35
Reserves 647 800 964 955 998
Borrowings 288 394 541 621 528
175 299 310 568 535
Total Liabilities 1,144 1,527 1,851 2,180 2,096
134 122 155 172 191
CWIP 0 17 2 17 3
Investments 518 634 740 847 913
492 756 954 1,142 990
Total Assets 1,144 1,527 1,851 2,180 2,096

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020
70 -42 -59 38
-13 -18 -27 -42
-61 62 84 4
Net Cash Flow -3 2 -1 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 12% 17% 14%
Debtor Days 139 159 157 187
Inventory Turnover 5.75 4.54 4.23

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
61.83 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89 61.89
0.00 0.00 0.11 0.09 0.09 0.07 0.06 0.06 0.11 0.09 0.09 0.09
2.70 2.42 1.91 2.11 2.55 2.64 2.63 2.65 2.52 2.55 2.59 2.59
0.87 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
34.60 34.68 36.09 35.91 35.47 35.40 35.42 35.40 35.48 35.47 35.43 35.43

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